Why Is IREN Stock Down Today? $6B Equity Plan and Nvidia GPU Purchase

IREN stock fell over 6% after the company announced a $6 billion at-the-market equity program and plans to purchase more than 50,000 NVIDIA B300 GPUs to expand its AI cloud infrastructure. source: https://tokenist.com/why-is-iren-stock-down-today-6b-equity-plan-and-nvidia-gpu-purchase/?utm_source=rss&utm_medium=rss&utm_campaign=why-is-iren-stock-down-today-6b-equity-plan-and-nvidia-gpu-purchase